Development Banks to Become ‘Major Funding Source’ as Aid Recedes, But Experts Warn of Risks

AI Summary

Multilateral development banks are gaining prominence as a source of global health financing amid declining bilateral aid. Experts say they could support predictable, large-scale investment in domestic health systems, but stress the need for transparent lending terms and safeguards against associated risks.

Multilateral development banks (MDBs) are moving to centre stage in global health financing, driven by collapsing bilateral aid and political momentum from initiatives like the Accra Reset. Experts view the shift as an opportunity to deliver the predictable, large-scale investment needed to strengthen domestic health systems – provided governments and lenders can ensure transparent terms […]